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21 April 2010

UKRAINE:1ST UPDATE/ Russia's $40 Billion Black Sea Base Deal.

LINK CHANGE to BLOOMBERG /1ST UPDATE/22 Abril / 
   A deal to extend a Black Sea port vital for the Russians was signed by Ukraine's new President Viktor Yanukovych and Dmitry Medvedev. The lease for Russia's naval base in Sevastopol, Ukraine has been extended for 25 years. It was set to expire in 2017. For the extension, Russia agreed to grant Ukraine  discounts on natural gas. The deal will cost the Russians about $40 billion USD.
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Labels: Dmitry Medvedev, Viktor Yanukovych
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